NYSE: ALE
Allete Inc Stock Forecast, Predictions & Price Target

Be the first to know when Wall Street analysts revise their ALE stock forecasts and price targets.

Forecast return on equity

Is ALE forecast to generate an efficient return?

Company
9.63%
Industry
21.47%
Market
340.02%
ALE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ALE forecast to generate an efficient return on assets?

Company
3.84%
Industry
6.49%
ALE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ALE earnings per share forecast

What is ALE's earnings per share in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$3.69+28.45%
Avg 2 year Forecast
$4.03+40.41%
Avg 3 year Forecast
$4.73+64.7%
ALE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ALE revenue forecast

What is ALE's revenue in the next 3 years based on estimates from 2 analysts?

Avg 1 year Forecast
$1.6B+4.25%
Avg 2 year Forecast
$1.7B+10.11%
Avg 3 year Forecast
$1.8B+18.44%
ALE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ALE earnings growth forecast

How is ALE forecast to perform vs Utilities - Diversified companies and vs the US market?

Company
20.09%
Industry
25.4%
Market
103.84%
ALE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

ALE revenue growth forecast

How is ALE forecast to perform vs Utilities - Diversified companies and vs the US market?

Company
5.32%
Industry
12.72%
Market
58.75%
ALE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
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Forecast Revenue Growth vs Market Forecast

ALE vs Diversified Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
ALE$67.75N/AN/A
NWE$66.30$59.50-10.26%Buy
OTTR$82.28N/AN/A
AVA$38.44$39.50+2.76%Hold
BKH$70.52$72.50+2.81%Buy

Allete Stock Forecast FAQ

What is ALE's earnings growth forecast for 2025-2027?

(NYSE: ALE) Allete's forecast annual earnings growth rate of 20.09% is not forecast to beat the US Utilities - Diversified industry's average forecast earnings growth rate of 25.4%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 103.84%.

Allete's earnings in 2025 is $165,700,000.On average, 3 Wall Street analysts forecast ALE's earnings for 2025 to be $214,179,748, with the lowest ALE earnings forecast at $204,971,152, and the highest ALE earnings forecast at $225,712,280. On average, 3 Wall Street analysts forecast ALE's earnings for 2026 to be $234,130,738, with the lowest ALE earnings forecast at $223,190,810, and the highest ALE earnings forecast at $247,673,475.

In 2027, ALE is forecast to generate $274,619,512 in earnings, with the lowest earnings forecast at $266,462,497 and the highest earnings forecast at $285,495,533.

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What is ALE's revenue growth forecast for 2025-2027?

(NYSE: ALE) Allete's forecast annual revenue growth rate of 5.32% is not forecast to beat the US Utilities - Diversified industry's average forecast revenue growth rate of 12.72%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 58.75%.

Allete's revenue in 2025 is $1,500,300,000.On average, 2 Wall Street analysts forecast ALE's revenue for 2025 to be $90,865,896,036, with the lowest ALE revenue forecast at $88,193,369,682, and the highest ALE revenue forecast at $94,467,996,774. On average, 2 Wall Street analysts forecast ALE's revenue for 2026 to be $95,978,555,148, with the lowest ALE revenue forecast at $93,131,733,597, and the highest ALE revenue forecast at $99,813,049,482.

In 2027, ALE is forecast to generate $103,240,855,023 in revenue, with the lowest revenue forecast at $100,161,639,876 and the highest revenue forecast at $107,307,742,953.

What is ALE's forecast return on assets (ROA) for 2025-2027?

(NYSE: ALE) forecast ROA is 3.84%, which is lower than the forecast US Utilities - Diversified industry average of 6.49%.

What is ALE's Earnings Per Share (EPS) forecast for 2025-2027?

(NYSE: ALE) Allete's current Earnings Per Share (EPS) is $2.87. On average, analysts forecast that ALE's EPS will be $3.69 for 2025, with the lowest EPS forecast at $3.53, and the highest EPS forecast at $3.89. On average, analysts forecast that ALE's EPS will be $4.03 for 2026, with the lowest EPS forecast at $3.84, and the highest EPS forecast at $4.26. In 2027, ALE's EPS is forecast to hit $4.73 (min: $4.59, max: $4.91).

What is ALE's forecast return on equity (ROE) for 2025-2027?

(NYSE: ALE) forecast ROE is 9.63%, which is considered weak.
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